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Latest Update: Thursday, July, 24th 2008

Taxes, Privilege - Delays repeal of authorization to divert portion of realty transfer tax proceeds to the general fund instead of direct allocation to the 1986 wetland acquisition fund, the local parks land acquisition fund, the state land acquisition fund, and the agricultural resource conservation fund from June 30, 2008, to June 30, 2009. - Amends TCA Section 67-4-409 and Chapter 602 of the Public Acts of 2007.

Fiscal Summary for SB4113 / *HB3930

(CORRECTED) State Revenue - Net Impact - Not Significant State Expenditures - Net Impact - Not Significant (An allocation of $30,000,000 from the Real Estate Transfer Tax to the Wetland Acquisition Fund, the Local Parks Land Acquisition Fund, the State Land Acquisition Fund, and the Agricultural Resource Conservation Fund is included in the Governors FY08-09 Recommended Budget.)

Latest Actions
  • 05/13/2008 - Assigned to Gen. Sub of Senate F,W&M Comm.
  • 03/18/2008 - Referred to Senate F,W&M Comm. w/neg recommend
  • 03/12/2008 - Placed on Senate Tax Sub Committee of F,W&M. Calendar for 03/18/2008
  • 03/11/2008 - Action Deferred in Senate Tax Sub Committee of F,W&M. to 3/18/2008
  • 03/06/2008 - Placed on Senate Tax Sub Committee of F,W&M. Calendar for 03/11/2008

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Bill Text
File name Last Updated
SB4113 Bill Text PDF02/04/2008

Fiscal Notes
File name Last Updated
SB4113 Fiscal Notes PDF02/16/2008